RéCONFORT+: what changed
RéCONFORT+
Largest movements
- Receivables within one year -€56,908
down €56,908 (-23.9%), from €237,665 to €180,756
of which Trade receivables: -€63,691
- Stocks and contracts +€47,465
up €47,465 (+62.4%), from €76,044 to €123,509
of which Contracts in progress: +€47,465
- Financial fixed assets -€10,800
down €10,800 (-77.2%), from €13,992 to €3,192
- Cash -€5,629
down €5,629 (-79.2%), from €7,105 to €1,476
mainly Debts after one year (-€60,000) and Net result for the year (-€59,925)
- Short-term financial debts +€81,500
new in 2025: €81,500
- Debts after one year -€60,000
down €60,000 (-66.7%), from €90,000 to €30,000
- Profit (loss) carried forward -€59,925
down €59,925 (-49.7%), from €120,631 to €60,706
- Tax, wage and social debts +€12,202
up €12,202 (+417%), from €2,927 to €15,129
of which Taxes: +€8,658
- Other debts -€6,624
no longer reported in 2025 (was €6,624)
- Turnover -€545,564
no longer reported in 2025 (was €545,564)
- Purchases and services -€497,876
no longer reported in 2025 (was €497,876)
- Gross operating margin -€143,670
down €143,670 (-56.8%), from €252,812 to €109,141
- Staff costs -€78,794
down €78,794 (-34.2%), from €230,246 to €151,453
- Taxes -€10,000
no longer reported in 2025 (was €10,000)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,882 | €310,151 | -€25,731 | -7.7% |
| Fixed assets | 21/28 | €15,068 | €4,268 | -€10,800 | -71.7% |
| Tangible fixed assets | 22/27 | €1,077 | €1,077 | = | 0.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €537 | €537 | = | 0.0% |
| Furniture and vehicles | 24 | €540 | €540 | = | 0.0% |
| Financial fixed assets | 28 | €13,992 | €3,192 | -€10,800 | -77.2% |
| Current assets | 29/58 | €320,813 | €305,883 | -€14,931 | -4.7% |
| Stocks and contracts in progress | 3 | €76,044 | €123,509 | +€47,465 | +62.4% |
| Stocks | 30/36 | €15,895 | €15,895 | = | 0.0% |
| Contracts in progress | 37 | €60,149 | €107,614 | +€47,465 | +78.9% |
| Amounts receivable within one year | 40/41 | €237,665 | €180,756 | -€56,908 | -23.9% |
| Trade receivables | 40 | €184,981 | €121,290 | -€63,691 | -34.4% |
| Other amounts receivable | 41 | €52,684 | €59,466 | +€6,782 | +12.9% |
| Cash at bank and in hand | 54/58 | €7,105 | €1,476 | -€5,629 | -79.2% |
| Deferred charges and accrued income | 490/1 | - | €141 | +€141 | |
| Total equity and liabilities | 10/49 | €335,882 | €310,151 | -€25,731 | -7.7% |
| Equity | 10/15 | €136,331 | €76,406 | -€59,925 | -44.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €3,200 | €3,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,200 | €3,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,200 | €3,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,631 | €60,706 | -€59,925 | -49.7% |
| Amounts payable | 17/49 | €199,550 | €233,745 | +€34,195 | +17.1% |
| Amounts payable after more than one year | 17 | €90,000 | €30,000 | -€60,000 | -66.7% |
| Financial debts | 170/4 | €90,000 | €30,000 | -€60,000 | -66.7% |
| Amounts payable within one year | 42/48 | €109,550 | €203,745 | +€94,195 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €105,000 | +€5,000 | +5.0% |
| Financial debts | 43 | - | €81,500 | +€81,500 | |
| Credit institutions | 430/8 | - | €81,500 | +€81,500 | |
| Trade debts | 44 | - | €2,116 | +€2,116 | |
| Suppliers | 440/4 | - | €2,116 | +€2,116 | |
| Taxes, remuneration and social security | 45 | €2,927 | €15,129 | +€12,202 | +417% |
| Taxes | 450/3 | €2,927 | €11,585 | +€8,658 | +296% |
| Remuneration and social security | 454/9 | - | €3,543 | +€3,543 | |
| Other amounts payable | 47/48 | €6,624 | - | -€6,624 | |
| Turnover | 70 | €545,564 | - | -€545,564 | |
| Goods, raw materials, services and sundry goods | 60/61 | €497,876 | - | -€497,876 | |
| Remuneration, social security and pensions | 62 | €230,246 | €151,453 | -€78,794 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | - | -€743 | |
| Other operating charges | 640/8 | €1,134 | €880 | -€254 | -22.4% |
| Non-recurring operating charges | 66A | - | €6,627 | +€6,627 | |
| Gross operating margin | 9900 | €252,812 | €109,141 | -€143,670 | -56.8% |
| Operating profit (loss) | 9901 | €20,688 | -€49,818 | -€70,507 | |
| Financial income | 75/76B | €5,508 | €3,776 | -€1,732 | -31.4% |
| Recurring financial income | 75 | €5,508 | €3,776 | -€1,732 | -31.4% |
| Financial charges | 65/66B | €14,305 | €13,883 | -€422 | -3.0% |
| Recurring financial charges | 65 | €14,305 | €13,883 | -€422 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €11,892 | -€59,925 | -€71,817 | |
| Income taxes | 67/77 | €10,000 | - | -€10,000 | |
| Profit (loss) for the period | 9904 | €1,892 | -€59,925 | -€61,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,892 | -€59,925 | -€61,817 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.